UFC says it won't profit from White House event that could cost 'upwards of $60M' [FOX News]
TKO Group Holdings, Inc. Class A (TKO)
Company Research
Source: FOX News
This year is full of momentous sporting events in the United States, including the first-of-its-kind UFC card at the White House. However, the event, which is scheduled for June 14, will be costing the UFC quite a pretty penny. TKO Group Holdings president and chief operating officer Mark Shapiro spoke about the White House event on a quarter financial call, where he said the promotion is expecting a price tag "upwards of $60 million." "I think by the time all is said and done with the event and what we pay the fighters and the fan fest that we're going to have, that could move north," Shapiro said of the expected cost of putting the event together, per SB Nation . "It's definitely not moving south. It could move north. Bottom line, it's still a moving target." TKO Group Holdings is taking on all the costs of the event, which included building an arena on the south lawn of the White House as well as paying its fighters. The UFC hopes to get at least half of that $60 million b
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TKO
News
- UFC owners announce $150 million dividend payouts to investors for first quarter of 2026 [Yahoo! Finance]Yahoo! Finance
- TKO Group (TKO) had its "peer perform" rating reaffirmed by Wolfe Research.MarketBeat
- TKO Declares First Quarter 2026 DividendBusiness Wire
- Has The TKO Group Holdings (TKO) Rally Outrun Its Earnings And Cash Flow Estimates? [Yahoo! Finance]Yahoo! Finance
- TKO Media Deals And Buybacks Reshape UFC And WWE Earnings Mix [Yahoo! Finance]Yahoo! Finance
TKO
Earnings
- 2/25/26 - Miss
TKO
Sec Filings
- 3/4/26 - Form 4
- 3/4/26 - Form 4
- 3/3/26 - Form 144
- TKO's page on the SEC website